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>>> these are your headlines. >> a tough start to a new month for equities as all through u.s. indexes snap a four month winning streak in the first day of trade after the market shut down. >> campaigning resumes as the northeast assesses the damage from super storm sandy. good and big earnings day for oil giants giants. shell sees a fall and exxonmobile due to report before the opening bell. >> growth recovery may be near. official october pmi bouncing back into expansion territory. >>> we're under way just one hour and an awful lot to to get to. >> new york city still struggling to right itself after monday's super storm. one stap he have the big apple will return, the mta will resume partial subway service on 14 lines. la guardia airport will also reopen at 7:00 a.m. with limited service. amtrak says it will try to restore service to penn station come friday. >> homes in bay ahead are seriously damaged or destroyed. president obama got a firsthand look with governor chris christie yesterday afternoon. >> and danielle lee joins us, she's in the town of toms river. and we kn
five days before the election. for the latest details on our attempts to shoot down a u.s. truck or international waters to return to fox his national security correspondent jennifer griffin for report. >> aa 4:50 a.m., days before the u.s. president's election, to iranian fu25 fighter jets like these intercepted and fired twice upon an unmanned, unarmed u.s. m-2 one predator drawn of the persian gulf. the first time they have ever fired on a u.s. drone. the shots missed some of the thames, and iranian fighter pilots briefly pursued the drone which landed safely at an undisclosed location. >> it occurred over international waters approximately 16 nautical miles off the coastline. the aircraft was never in iranian airspace. it was always flying in international airspace. the international recognizes territorial limit is 12 nautical miles off the coast, and we never entered the 12 nautical mile limit. >> asked whether the incident was an act of war, the pentagon spokesman said he would not legally label it, adding the state department had protested through the swiss protective powe
countries have kicked off negotiations on a huge solar energy project in the sahara desert. u.s. president barack obama has arrived in new jersey to tour the devastation left in the wake of super storm sandy. >> obama was joined by new jersey governor chris christie, who is republican, but christie has praised the way the president has handled the crisis. they viewed storm damage by helicopter. obama will also be meeting with residents and emergency workers. >> cleanup work is in full swing on the east coast after sandy flooded cities, washed out bridges, and caused billions of dollars in damage. >> but new york city is making it clear it is back in business. mayor michael bloomberg rate in the opening bell at the new york stock exchange, which was closed for two days. >> the storm killed over 40 people on the east coast and caused unprecedented damage. >> life is slowly returning to normal in new york. on wall street, major stock their first two-day closure ine- over a century. emergency generators provided the power. most of lower manhattan is still in the dark. an unusual event in the c
and democratic attorney general. one of our two u.s. senators was an independent, elected twice. an independent missed winning the governorship by 15,000 votes over a million passed in 1973. we were the ticket splitting capital of america. we have cents settled back into partisan voting with the rest of america. this is a very polarized era. having said that, when you have close elections you still have a band of voters who will mix and match on the ballot, either because they want to mix and match or they are simply reacting to the individual candidates. in the case of romney and kaine, i have personally been in situations where straw votes were taken among large groups and you generally find you have 3, 4, 5% of the romney boaters picking tim kane for various reasons. some of these romney voters are more moderate republicans and the like tim kane better than his opponent. are there similar voters for obama and george allen? i am sure there are. i never met one of them. but i will say this -- george allen, despite what happened in 2006, he has won from time to time in running for statewide off
. overnight, he was in myanmar. the country formerly known as burma. this is the first time that a sitting u.s. president has visited that country. mr. obama met democracy activist turned lawmaker aung san suu kyi. and says the country's made great strides toward democracy in an incredibly short amount of time. >> i want to make a pledge to the people of this country, that i am confident we can keep. that is if we see continued progress towards reform our bilateral ties will grow stronger and we will do everything we can to help ensure success. >> he was on the ground there for six hours. suu kyi struck a note of caution, warning of the risks of a mirage of success in myanmar. cnn's dan lothian is traveling with the president. he will have a live report just ahead. >>> vice president joe biden gets a good look at what superstorm sandy left behind in seaside heights, new jersey. he met with first responders who lost their homes. he also checked out the battered coastline by helicopter yesterday. president obama vows to help the area make a complete recovery. >> but the president's made it clear
, should investors be looking outside the u.s. glove up their it has not these people's concerns about their money and savings. our next guest talks about why this may be outside of our borders. don't go away. liz: take a look on the screen right now. we have priceline, to travel stocks, priceline.com, strong quarterly earnings. burchard advisors part, they lead the way. 20% of the day and we have other travel sites getting swept up in all of us. a very big boost from all of this. sending green arrows all across the board for many of these, including kayak and orbitz. getting to big news. this has become a staging area for emergency vehicles. coming to us courtesy of wnyw. everyone is waiting with the emergency vehicles, ambulances, waiting. the question is, what do they waited -- what are they waiting for? due to gridlock issues and other issues, it is not looking good. some people say that it is good to keep business up and it is good to keep going, but sometimes it's not easy during the state street investor sentiments may be a little too lax. we have a guest joining us on a fox bus
. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the u.s. death toll from the giant storm named sandy has risen to at least 63 today. about 6.5 million homes and businesses are still without electricity though there were signs of daily life returning to its usual rhythm in some places. a familiar sound returned to lower manhattan streets last night. ( horns honking ) the power did not. police helped direct traffic with signals still dark, but one taxi driver said it wasn't worth the risk. >> it's been dangerous. i've got to go home, i'll walk. there's no traffic signal light, no nothing there. >> woodruff: you're going home? you're done? >> i'm done already. >> woodruff: it wasn't much easier for pedestrians who made their way on foot, some with only flashlights leading the way. >> it's really unsettling becauswe d't he por. we don't know what's going on. we don't have anywhere to get to televisions. >> woodruff: many people flocked to mobile charging stations across the city. plugging in cell phones and other devices. but today brought some sign of things
for those with green cards to bring their immediate families to the u.s. >>> and this year's official christmas tree arrived at the white house friday with all the traditional fanfare atop a horse-drawn marriage. the 19 foot frasier fir is from north carolina. >>> joining me for more, white house correspondent for the hill, amy parnes. chief correspondent for mcclatchy newspaper steve selma. welcome to you both. >> thank you. >> steve, why don't you head on up here? i'm going to begin with amy. i want to read you part of speaker boehner's op-ed on fiscal cliff negotiations. if we're serious about getting our economy moving again, solving our debt, and restoring prosperity for american families we need to repeal obama care and enact commonsense step by step reforms to start with lowering the cost of health care. would democrats consider putting any part of the president's signature health care legislation on the table to negotiate? >> no. it's just not going to happen. i mean you remember last year, democrats wouldn't -- refused to budge on this issue. they're not going to do it again.
that the u.s. doesn't go into a recession? >> well, first i want to say the metaphor fiscal cliff is probably the wrong one. you step off a cliff, that's your last step. for many politicians, the real metaphor is it's a slope. they gradually go into these tax increases and spending cuts. they feel they can turn around and walk back up the slope, retroactively reverse the changes. in that circumstance, in that scenario, it creates a lot of uncertainty for businesses and for taxpayers. what will our taxes be next year? how are we going to make some plans for our business or personal finances? it's that uncertainty that's going to, i think, have adverse effects for the economy. >> okay. that makes a lot of sense. michael jones, how do you want to invest here with all this? >> i think there are times when the market is really simple. don't fight the fed. you certainly don't want to fight the fed when they've got the ecb, the bank of japan, the people's bank of china, and virtually every other central bank on their side. you've had unprecedentedly aggressive monetary stimulus. we have open-ended c
was interviewed by the fbi, but it's not clear if broadwell has been questioned and if she will be. a u.s. official said petraeus was never a target of an investigation and that a tip about an affair led to that probe. now, general petraeus was scheduled to testify next week about the attack on the u.s. consulate in libya. now what happens now that he's gone? suzanne kelly is in washington with that part of this big story. >> susan, as washington reels from the announcement not only that david petraeus is stepping down from the post, but also from the admission he was having an extramarital affair, a u.s. official has said the counter intelligence unit was investigating a tip that he was having an affair because they needed to determine whether there was a potential security risk. the official telling cnn there was no suggestion that the fbi was investigating petraeus for any possible wrongdoing. now, if there were an official investigation focused on the cia director, that would have been something that the congressional oversight committees would have been briefed on. it's a matter of s
business. u.s. stock futures are flat this morning. >> the markets had a rough day yesterday. chris teens romans here to explain this big selloff. is there an explanation? >> can you see the sectors reacting to a second obama administration. let me show you what it looked like, 313 points, the first dow close below 13,000 in three months. that was the worst day of the year. more than 2% down. when i talk about the internals of the market, i'm talking about banks, insurers, cole companies, energy companies, they fell because, in fact, they think they're going to have higher costs. the markets think they're going to have higher costs in a second obama administration. you saw some obama care related stocks like hospitals up on the assumption that obama care is now secure. the internals showed us how investors in different sectors were reacting to a second obama presidency. but there were also concerns over europe and the fiscal cliff and the fact that now you have this election out of the way, you still have the very big problems still facing us. debt crisis, markets started to turn yesterda
. it is all about the u.s. this week. the tone for the most part has been negative this morning as you can judge from the red behind me. yes the uk pmi data came in weak, points to the country potentially in contraction territory despite the better gdp figures. some concern about greece. investors seem to be standing on the sidelines until a lot of these issues are resolved or at least there's more clarity. this follows reports over the weekend that some of the ways in which spanish banks borrow at cheap rates may not have been legal. the ecb says it's exploring the issue. one of the companies weighing on the foot city, hsbc which has said it is provisioning $1.5 billion against the laundering charges. group profit slightly disappointed investors. shares down 1.4% as a result the there. but that's really it in terms of the major corporate news. ubs going through a bit of a shake up. the bond wall expresses more of the mood we're seeing on the eve of the u.s. elections here. it's a rotation out of the periphery into the core. the gilts are benefiting. spain, italy seeing yields a little hig
the biggest impact in the u.s.? >> one of the most powerful campaigns was the trayvon martin case. a 17-year-old african-american, killed in florida, tragically. two weeks after the incident, there was no media coverage of all. a private injustice. the parents start a petition, and then it goes viral. the importance is not just the individual acts of arresting his killer in prosecuting him, but the public. the result, the awareness of the tragic situation of young african-americans not being treated fairly in the justice system or the "stand your ground" laws, where you can almost impunitively shoot someone. that is some of the really exciting things we see. >> in trayvon martin's case, clearly there was an impact, but they were not waiting. they were in there pretty soon, on the case. what i want to ask you -- do you find a difference in the way that companies -- you have a lot of petitions aimed at companies that do specific things. obviously, some have had more political implications. is there a difference in response between business institutions and political institutions? >> politician
, victor, a u.s. official tells cnn the fbi was investigating a tip that david petraeus was involved in an extramarital affair with paula broadwell. she is his biographer. broadwell spent a year with petraeus in afghanistan interviewing him for the book she co-wrote about him. it's not clear whether broadwell is the woman with whom petraeus has admitted to having this affair that led to this resignation. the official says that the fbi counterintelligence unit investigated the tip to see if there was a potential security risk, whether petraeus could possibly be blackmailed. the official tells cnn there was no suggestion the fbi was investigating petraeus for any possible wrongdoing, but the concern, rather, was that he might be putting himself in a vulnerable position. >> we know that a lot of the questions from online that i've read, some of the comments on cnn.com, there's questions about the timing. let's start with what it comes after, the presidential election. what if we found out about that connection, if any, and why this comes just days after the election? >> reporter: well,
] [ crowd chants u.s.a. ] >> cenk: i love that reaction. hey, what about climate science? u.s.a.! u.s.a.! we're number one! ha ha, take that, climate change. luckily, not everybody's that dense. new cover of business week is it's global warming stupid. we now have the author of that article, assistant managing editor of bloomberg business week joining us now. some believe this cover story is a bit controversial. do you believe it is? >> no, obviously the cover language is meant to get people's attention but if you read the story itself, you see we're playing it right down the middle. the issue here is not to blame climate change for any one particular storm but to say that the conditions in the atmosphere have indisputably changed and as a result of those changes, all storms generally speaking are going to be prone to be more severe and more frequent and we are beginning to see in undeniable terms the price of the warming of the atmosphere, the warming of the ocean waters and the rise of the ocean waters. >> cenk: paul, here's the problem with that. you say it's undeniable, all the scientist
service, are other service problems hindering what you are doing? >> well, again, u.s. electric system is most reliable electric system in the world. but with a storm of a millennium, that has never been seen before that knocks out power to over 8 million people, and then brings in water and wind, it is a very difficult tough job. it does rely on a lot of different people working together. we're working in new york with mayor, and governor, and others to bring in every resource we can to get water pumped out to get on with the job of trying to restore electricity. but it is -- it is a huge job. i understand people's frustration,veryone depends on electricity, it affects every part of our lives, we understand how important it is for customers to have it. gerri: and dan, i think their frustration goes beyond, that we're looking at pictures of houses burning. some situation may not in your district that are dire, really, and truly dire, you know, here in new york city we're not used to this, this happens elsewhere, this is a new experience for us, a lot going on downtown near the new york
anybody could shock anybody, this ad says the u.s. bailed outcries her and that chrysler is now going to go build jeeps in china democrats call the ad a flat out lie. take a look for yourselves. >> mitt romney has a plan to help the auto industry. he is ooh ported by lee iacocca and the detroit news. obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. megyn: joining me now, stu varney. they say -- first let's start with obama took gm and chrysler into bankruptcy. >> and sold chrysler to the italians who are going to build -- megyn: stop there, took gm and chrysler into bankruptcy and sold eye chrysler to the italians, true or false. >> true, yes. megyn: sold it to the italians who are going to build jeeps in china. they are going to build jeeps in china. >> yes, confirmed today by the ceo of chrysler. he said in a statement, chrysler is interested in expanding its customer base which can only be done by establishing local production. he goes onto say we intend to return jeep production to china. that is from the ceo today of
back to that expert, mark twain. he says about music what i would say about the u.s.-china relationship. --said about wagner's music he was a great music critic. britney spears'spair not asand said, "it's good as it looks." [laughter] >> thank you. >> let me pick up on a point he made earlier. it is a complex idea. a great challenge that we face and might face is managing this relationship. in this context, i want to stress what i see as two of the major issues of challenge. first, the internal challenge. we tend to assume that china is growing at an% a year -- 10% per year, but i think that is wrong. i think we will see a combination of economic and internal political reasons. china is entering, my guess is a very difficult period. the society has outgrown the political system that brought the revolution. we have seen decided grow in the way it has. it has substantial measure because of its economic growth. i like to do this when i give talks about china. this is one of the most revolutionary technologies of any kind -- cell phone. it is relevant because there are millions of cell phon
softer condition and background in europe politically. and i think improving conditions here in the u.s. for the consumer and for manufacturing and for gdp in general. our general background is pretty positive. >> great points there. sandy, what about you? you say regardless of who wins the election, the fiscal cliff would be either downsized or deferred. what does that mean? >> well, i think downsizing is more likely. have you to factor in the hurricane as well because that's going to be a half a percentage point decline as well, coupled with, you need to get that fiscal cliff down to 1% or maybe 0.5%. i think the downsizing has to be pretty substantial. they're either going to have to defer it to the new congress and either a new administration or the existing one, but they've got to get it downsized pretty substantially pretty quickly. and it's going to require, because of that gridlock we're going to have again, a bipartisan concurrence. that's going to be the test in 2013. >> chris, what do you think? how do you want to invest with $1.5 billion under management, how are you allocat
the costliest u.s. catastrophes. forecasting a cost between $10 billion and $20 billion worth of insured losses. the final tally impacted by, among other things, power in the transportation grids. as for the insurance industry with over $500 billion in capital it can pay expected claims. at last year's premium increases and a decline in catastrophe claims bulked up their profile. deutsche bank claims it could trim earnings by 36% but it could also help insurers later giving them cover to raise premiums. back to you. >>> sandynjrelief fund.org. mary pat christie is on the news line with us right now. welcome. good to have you with us. >> thanks, tyler. >> at some risk, i ask how are you and the christie family holding up? your husband and you have both then tireless this last week. gout to be pretty tired these days? >> we're doing pretty well. it's all relative, right, tyler? we don't have power yet but hopeful that we will soon. i'm also hopeful that our children get to go back to school tomorrow. >> we're in the same boat and expected to go back to school in my town montclair some time on wed
and save the u.s. economy from going down a dangerous road. it is wednesday, november 7th, the day after and a special early presentation of "squawk box" follows the late presentation that we had yesterday. but it starts right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. and yes, we know it's only 5:00 a.m. on the east coast, but you don't have to double check your clocks. on the morning after election day, we couldn't wait until 6:00 a.m. to get back on the air. the american public handing president obama four more years in the white house. meantime, the balance of power stays the same in the senate. this morning, we have two main items on the squawk agenda. after months of handicapping the race, we'll find out how the global markets react to the decision and ask how you need to position your portfolio. we have a number of people on hand to help us with that task, including mike santoli. he is our guest the next hour. chuck gabriel, his job is to try to connect the dots between washington and investors. we have jeremy seigel. also, vincent rinehart. we'll be jo
republican critics and answer questions about the september 11th attack on the u.s. consulate in benghazi. rice will sit down with senators john mccain, lindsey graham, and kelly ayott. in recent days, senator mccain has softened his criticism as rice insists that she was relying on talking points from the intelligence community. last night, senator graham rejecting her defense but says he's open to today's meeting. >> she asked to meet with us and now we'll listen to what she has to say about her role in benghazi. the more i know about benghazi, the more upset i am that the consulate was even open on september 11th. when you look at the history and the reporting coming out of libya about the dangers, it should never have been open or heavily reinforced. after the attack, i think the story we were told about a spontaneous event caused by video where a mob turned into a riot is less credible than ever. >> she reportedly called the meeting. seems like a smart move. what do you think? >> well, i think it's a smart move for john mccain to take the meeting. they're boxed in. this is not a figh
as important for romney is ohio, where he is under fire for ads suggesting u.s. automakers are about to ship jobs to china. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> reporter: chrysler and gm angrily denied they are shifting u.s. production to china. and joe biden accused romney of lying and causing panic among autoworkers in ohio. >> thousands of them are calling their uaw reps, "is it true, is it true? is jeep really going to leave? is the announcement they made not true? are they going to shut down our plant?" what a cynical, cynical thing to do. >> reporter: but the romney campaign does see some positive signs out there, especially in pennsylvania, minnesota and michigan. three states that have been considered solidly democratic, but where the obama campaign is now suddenly playing defense, spending more than $1 million on tv ads for the final week. diane? >> also on the campaign trail, jonathan karl. thank you, jon. >>> and coming up here next, flammable gas leaking and it's not just a danger in the storm zone.
forces deployed from central europe and the united states, but the attack that left the u.s. ambassador and three other americans dead had ended before they could get there. u.s. officials are trying to refute news reports that say the cia told its personnel to stand down. >>> the true that will decorate the grounds of the u.s. capital for the holidays is being prepped for its trip to washington. the 73-foot spruce was harvested friday from white river national forest in colorado. crews will take two days wrapping the tree before it makes its way east. most of the transportation costs are being paid through private donations and sponsored. >>> and in another holiday sign, the tradition is back in full force. butter ball has opened its annual turkey talk phone line. people can now call 1-800-butter ball to ask questions or get cooking advice from experts through december 24th. the company has provided the consumer help line every holiday season since 1981. the most popular question asked of the hotline. i have the turkey -- now what? that's the news. now back to lester and erica. >> than
on the gas shortage coming up. >>> the u.s. soldier charged with the grisly massacre of afghan soldiers appears in court today. he's accused of carrying ought a pre-dawn raid batch in march killing 16 villagers, 9 of them children as they slept. the 39-year-old father of two faces a court-martial and could ultimately receive the death penalty. parts of the proceedings will be held at night to allow witnesses in afghanistan to testify. >>> a horrific accident at the pittsburgh zoo where a 2-year-old boy was mauled to death when he fell into a den of african painted dogs. the by's mother had put him on a railing overlooking the exhibit 11 feet below. >>> federal officials have launched an investigation into what caused an atlanta police helicopter to hit the top of a power line and crash into a city street saturday night, killing both officers on board. the two officers were searching for a 9-year-old boy who had run away from home. the boy was later found unharmed. no one on the ground was injured in that crash. >>> now let's head to wall street and the new york stock exchange. good morn
at the global context. this is not a local recession or a great recession that we just 70 u.s. in fact, we are performing better than any other large industrialized country in the world. neil: as well we should. we are the big gun, but we have to export and have customers. >> europe is fading into a recession. many of the policies that are taking them there are some of the same policies that paul ryan in particular seems to want to put in place. neil: but you could seriously argue the reason why they are in the economical they are is because they build this cradle to grave nanny state that some of them have to disentangle because there is no more money. in fact, what they're doing in france to try to make things right is, well, let's take the top tax rate to 75 percent and you have a fine business mind like yourself. what i'm asking to where is the middle ground? what do you do to get this under control? >> obviously we have to get through this election. as the fed has said and as most independent economists say, we have some momentum behind the economy. you know my favorite industry, actu
died in the u.s. as a result of sandy. most of them from new york and new jersey. still 5.6 million customers in the dark. and it may be ten days before the hardest hit areas sea power restored. more than 19,000 flights were canceled because of sandy, but stranded passengers have something to be thankful for. newark and jfk airports were back in business yesterday and delta and american airlines are scheduled to resume a limited number of flights out of laguardia in about 30 minutes. the mta is also getting back to business with new york city subways offering limited service starting today. the m tcta is waiving all fees until tomorrow. so good news there. >> we're looking for any good news so thank you. the eye of hurricane sandy has hit the jersey shore hard. it wiped away entire economies. president obama surveyed the damage with chris christie yesterday. this morning kayla tausche is in toms river, seaside heights. what's it look like there? >> reporter: it's very dark here. we're at the mouth of the bridge which leads over to sea sooid heights, a road only accessible by emergen
to the polls tomorrow and have been voting early, how confident are you in the u.s. electoral system? here are the numbers to call. host: you can also find us online, using social media. send us a tweet using journal@c- span.org -- twitter.com/c- spanwj. or find a conversation on facebook. you can also e mail us, twitter.com/c-spanwj. how confident are you in the u.s. electoral system? we will bring some articles on how early voting is unfolding, but first, here is the headline from "usa today." 48% to 48%. "it comes down to turnout." host: what do you think about the u.s. electoral system as we head into the final day? voters go to the polls tomorrow. in "u.s. a today," the two candidates made their pitch for why you should vote for them. barack obama, mitt romney, writing in to "usa today," sharing their opinions. president obama says -- "do not give up, we have had a rise in jobs and a rebound in growth." governor romney says -- "we need a new beginning." looking at the headline of "the wall street journal," it gives us an idea of where the candidates were over the weekend. you can see
of maryland, and along with that the first openly gay member of the u.s. senate was elected in wisconsin. here is tammy baldwin. [video clip] >> i did not run to make history. i ran to make a difference. [applause] a difference in the lives of families struggling to find work and pay the bills, a difference in the lives of students worried about debt. [applause] and seniors, worried about their retirement security. [applause] a difference in the lives of veterans who fought for us and need someone fighting for them and their families. [applause] a difference in the lives of entrepreneur weres -- entrepreneurs try to build a business and economic security. [applause] but in choosing me to tackle those challenges, the people of wisconsin have made history. [applause] host: this tweet from benjamin netanyahu, the prime minister of israel, who congratulates u.s. president barack obama on his election victory. fort lauderdale, florida. independent line. caller: thank you for taking my call. host: did you vote yesterday or early in florida? caller: a voted early. actually, i went out and did some la
controversy over the administration's response to the attack on the u.s. consulate in bengha benghazi. members of congress are now vowing to find out why the cia's conclusion that terrorism was to blame for the attack was removed from u.n. ambassador susan rice's talking points. in the days following the deadly assault, rice said administration believed the attack was a reaction to an anti-islamic video. but, an associated press report says former cia director david petraeus testified on friday that he believed all along that the attack on the consulate was a terrorist strike. >> so let's -- before we set up these clips, let's make sure we set this up right. so we've been hearing, mark halperin, that susan rice said what she said because she was reading straight intel from the cia. we find out from david tet pet trace, this isn't true. that immediately david petraeus and intel officials knew this was an al qaeda attack. right? >> it's still kind of confusing. >> i'm basing that on "the new york times" reports and everything that i read through the weekend. >> totality of the reporting is there
and his commitment to work with the u.s. on human rights dialogue will unlease the incredible potential of that beautiful country. this is obama's first trip overseas since his reelection shows he is serious about shifting america's focus leastward. the two are continuing to fire rockets and israel has blamed hamas for does sends of arrests since the violence started. more "bill press show" after the break. we'll be right back. here in our own country. >> it's an issue that ultimately effects each and every one of us. >> thats why current is stepping up. >> ... by feeding the needy. >>... feeding the needy. >>... feeding the needy. >>... feeding the needy. >>... feeding the needy. >> for an entire week we'll explore hunger, malnutrition >> ... and offer solutions. >> so join us here at current tv where together, we'll feed the needy. >> brought to you by the all new doge dart. >> doge: new rules. now imagine the worst case scenario. worse than that. [ woman screaming ] worse. that bad. [ lasers ] so now we need airbags. more airbags. perfect. give it smart brakes
deaths in the u.s. overall, it's left 175 people dead, including the victims in canada and the caribbean. meanwhile, national guard troops are continuing to search and rescue. they are also helping to clear debris so crews can get the power back on and deliver food to people who need it. in new york, after a lot of criticism, mayor michael bloomberg cancelled the new york city marathon for the first time in 42 years. it's never been cancelled. it was set to take place tomorrow. no decision yet on whether it will be rescheduled. and at noon eastern, gas line will start being rationed in 12 counties in new jersey. to cut down on long lines at gas stations, people can only buy gas on odd-numbered days like today if their license plates end in an odd number. same goes for the even days. >> yeah. it's -- it's a mess. i mean, they got to do something, right, to make it a little bit easier for folks to get gas line. >> more time getting gas than waiting to vote. >> a lot of people were worried they would run out of gas in the gas line. much more ahead for you this hour. >> yeah. here's what's c
epperson at the nymex. u.s. jobs data sent gold prices sharply lower, below $1,700 an ounce. the first time we've seen gold this low since september 7th. we did see a lot of stocks go under way as we got the jobs data. oil prices are slightly lower, the stronger dollar pressuring oil prices as well as several e refineries still shut here along the east coast due to hurricane sandy and gasoline futures up slightly but the national average keeps coming down, $3.50, down 8 cents from a week ago, down 28 cents in the month. back to you, carl. >> thanks so much, sharon epperson. >>> the coast guard opening the port of new york and new jersey on a restricted basis allowing the backlog of barges allowing gasoline and fuel into the area. how soon might we see in the areas affected by sandy? good morning, kate. >> reporter: good morning, carl. i just returned from the dockses behind me where dry dock work ers are hoping to get themselves ready for new ships to be repaired as early as monday. they have a waterfront view of what's going on in the port of new york and new jersey which was just reopene
says he sees the u.s. heading in the direction of greece, is that a real probability? >> i think there's still something of a gap between the u.s. and greece, but we have been, for a long, long time, we have been very, very worried about the deficit, about the buildup of debt in america. to compare it to greece is quite an extraordinary one. if you go to greece, you wander around athens, you have the threat of ethnic violence. i think all presidential candidates are allowed a degree of hyperbole, but i think on that particular question he's got a long way. >> other nations are looking forward to this election because they're thinking about the trade opportunities, they're looking at the promotion of peace, they're looking for opportunities of diplomacy. but is there more at stake in this election, 2012, that we didn't see in 2008? >> i think there probably is from a realistic stand. one one, it's very close. two, with romney we don't know exactly what sort of foreign policy he would follow. the romney of the most recent debates was saying very different things than what was being said
it was a 1,000-mile wide storm. at least 109 people are said to have died in the u.s. and another 60 were killed in the caribbean. as of this morning 2.9 million customers remain without power across 15 states and the washington, d.c. the economic losses are nearing $50 billion. flooding of new york subways and commuter train tunnels and loss of business accounts for much of that estimate. with an election just a few days away the political media industrial complex briefly ground to a halt and then somewhat awkwardly cranked back to life with mitt romney turning a campaign event into a relief rally. president obama heading back out on the trail and pundits growing more and more comfortable speculating consequences of the disaster. local and area officials had to make practical decisions and give emergency briefings and address the anxiety of their constituents. governor chris christie seemed to suggest he wasn't taking the election into consideration. >> is there any possibility that governor romney may go to new jersey to tour some of the damage with you? >> i have no idea. nor am i the
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